ForexTrendline

EURUSD waiting for the news

FX_IDC:EURUSD   Euro / U.S. Dollar


US inflation data will be released today.

The news will have a big impact!

Since the start of the week, EURUSD has been trading within 60 pips awaiting the news.

It is recommended that new positions be opened after the direction is confirmed.

The goal will be to continue the direction from the news.

Upon stop hunting above the previous high and leaving a shadow , we will be looking at selling.

And with a tail on the downside and a close above the previous peak, we will look for a continuation of the rise.

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